*Distressed sales being either foreclosures that are now bank owned or short sales.

New Pending Sales

48 New 'Pending' Sales in January of which 17 (35%) were distressed sales

Median list price was $97,000

Median days on the market was 75 days

Low list price was $37,000 - High list price was $267,800

Active Listings

199 Active listings currently on the market

Median list price is $114,900

Median days on the market is 92 days

Low list price of $29,500 - High List price of $989,900

The Cuyahoga Falls real estate market continues to be a "tale of two cities" with the original Cuyahoga Falls containing the majority of the housing stock which is older, and well established while what was Northampton prior to the merger of the two contains fewer homes but with a higher overall value range. The reason for this is that the vast majority of homes in what was Northampton are newer and larger homes built since the mid to late 1990's. This explains the wide swings in value ranges in the above statistics.

Last year Cuyahoga Falls had an average of 48 homes per month sell. Based on that statistic, our current housing market in Cuyahoga Falls with 199 homes for sale would be considered a slight sellers market with a little over a 4 month supply of homes. A 5 to 6 month range is considered balanced.

If you are considering selling your home, now would be a good time to get it on the market before the increase in new listings in early spring will bring more competing sellers into the market.

If you are curious about the market value of your home or would like helpful tips on getting your home market ready to maximize your sales proceeds, simply give me a call or email me at tony@tonymorganti.com I am always glad to help.